24 Hrs
Source:
شبكة فلسطين الإخبارية
PNN Video: Palestinian Stone Sector Faces Multiple Crises
The Palestinian industrial sector, particularly the stone and marble industry, is suffering from accumulated crises that threaten its continuity and development. These include a decline in production, reduced employment, and the suspension of a significant portion of export activities due to closures and trade restrictions between Gaza and the West Bank. Additionally, energy costs are among the highest globally. The deterioration of the market and the absence of sales movement are causing major difficulties for factories, with decreasing demand and declining supplies, which puts hundreds of thousands of jobs at risk and jeopardizes the sector's ability to compete. The stone and marble industry is considered a key economic pillar, as it employed between 25,000 and 30,000 workers and heavily depended on foreign markets, especially the Israeli market, before being severely impacted by the COVID-19 pandemic and recent events. These challenges led to a reduction in production, a decline in employment, and lower wages for workers. Experts are calling for the development of national plans and legislation to support the sector and ease its burdens, in order to maintain its sustainability and recover from the crises.
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